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Tuesday, February 17, 2026

L’Oréal’s Q4 Sales Growth Slows, Missing Expectations Amidst Asian Weakness

L'Oréal's fourth-quarter sales growth of 6% missed expectations, impacted by its luxury division and weakness in Asia, despite strong performance in North America and Europe.

Zhipu AI’s GLM-5 Arrives: A New Challenger in the Global AI Arena

Zhipu AI launches its new flagship model, GLM-5, featuring advanced coding and agentic capabilities, challenging global AI leaders and emphasizing China's growing role in AI development.

Safran Soars: Aerospace Giant Boosts 2028 Targets on Strong Aftermarket and Defense Performance

French aerospace firm Safran raises its 2028 financial outlook significantly, driven by strong civil engine aftermarket demand and robust defense sector performance in its latest fiscal year.

Business

L’Oréal’s Q4 Sales Growth Slows, Missing Expectations Amidst Asian Weakness

L'Oréal's fourth-quarter sales growth of 6% missed expectations, impacted by its luxury division and weakness in Asia, despite strong performance in North America and Europe.

Sweden Warms to Euro: Trump Era Sparks New Debate on Currency Shift

Sweden is reconsidering adopting the euro as geopolitical uncertainty rises under Trump. Learn about the political debate, economic factors, and what it may mean for the country's future.

L’Oréal’s Q4 Sales Growth Slows, Missing Expectations Amidst Asian Weakness

L'Oréal's fourth-quarter sales growth of 6% missed expectations, impacted by its luxury division and weakness in Asia, despite strong performance in North America and Europe.

Zhipu AI’s GLM-5 Arrives: A New Challenger in the Global AI Arena

Zhipu AI launches its new flagship model, GLM-5, featuring advanced coding and agentic capabilities, challenging global AI leaders and emphasizing China's growing role in AI development.

Homeland Security Faces Shutdown as Congress Deadlocked on Funding

Congress is on the verge of a Department of Homeland Security shutdown due to a deadlock over immigration enforcement funding. Key agencies like TSA and FEMA face disruptions, with essential personnel working without pay.

How AI Is Quietly Transforming the Culinary World

At this year’s Michelin Guide awards in France, the buzz extended beyond the stars gained or lost. Conversations among chefs were increasingly dominated by...

Hong Kong’s Exchange Fund Posts HK$67.2 Billion Q1 Gain Amid Market Rally

Hong Kong’s Exchange Fund recorded a robust investment gain of HK$67.2 billion (US$8.7 billion) in the first quarter of 2025, driven by strong performances...

Alibaba Joins Instant Commerce Race with 10 Million Daily Orders Milestone

Chinese e-commerce giant Alibaba has made a powerful entrance into the instant commerce sector, achieving a major milestone of 10 million daily orders just...

Rivian to Invest $120 Million in Illinois Supplier Park Ahead of R2 SUV Production

Rivian has announced a $120 million investment to develop a new supplier park adjacent to its manufacturing facility in Normal, Illinois, as the electric...

TotalEnergies Plans $16 Billion Green Hydrogen and Ammonia Project in Chile

TotalEnergies, through its Chilean subsidiary TEC H2 MAG, has initiated the environmental permit process for a monumental $16 billion green hydrogen and ammonia project...

Warren Buffett to Stay on as Chairman as Greg Abel Takes Over as CEO

Warren Buffett, the legendary investor who transformed Berkshire Hathaway into one of the world's most respected conglomerates, will remain as chairman after stepping down...

Vertex Misses Estimates on Trikafta Sales but Raises Revenue Outlook

Vertex Pharmaceuticals reported lower-than-expected quarterly results, falling short of Wall Street estimates due to weaker sales of its cystic fibrosis drug Trikafta. The miss...

Williams CEO Alan Armstrong to Step Down as Company Raises Annual Profit Forecast

Williams Companies announced that CEO Alan Armstrong will step down after more than 14 years of leading the U.S. pipeline giant. Armstrong, who has...

Clorox Lowers Sales Forecast Amid Weak Consumer Demand and Trade War Uncertainty

Clorox has revised its annual sales forecast as the company grapples with weakening consumer demand driven by economic uncertainty linked to global trade tensions....

Coterra Energy Cuts Capital Spending Despite First-Quarter Profit Rise

Coterra Energy has reported a rise in first-quarter earnings but announced a downward revision to its capital expenditure plans for the rest of the...

CFTC Drops Appeal, Clearing Path for Kalshi’s Election Betting Contracts

The U.S. Commodity Futures Trading Commission has formally withdrawn its appeal of a federal court decision that permitted KalshiEX LLC, a New York-based derivatives...

Mattel Withdraws Forecasts and Raises Prices Amid U.S. Tariff Pressures

Mattel has withdrawn its full-year financial guidance and announced price increases for several of its products sold in the U.S., as President Trump's aggressive...

Trump Announces 100% Tariff on Foreign Films in Bid to Revive U.S. Movie Industry

U.S. President Donald Trump has declared a sweeping 100% tariff on all films produced outside the United States, arguing that the American movie industry...

Sunoco to Acquire Parkland in $9.1 Billion Deal Creating Largest Independent Fuel Distributor

Dallas-based fuel supplier Sunoco has announced a $9.1 billion agreement to acquire Parkland, a Canadian fuel refiner and retailer headquartered in Calgary. The transaction,...

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